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Old 08-10-2011, 01:27 PM
 
Location: Chicagoland
41,325 posts, read 44,940,832 times
Reputation: 7118

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What an absurd claim.

If that were true, shouldn't we all be on UE benefits?

Oh, but obama says people on UE spend the money they receive, instead of saving it. Yes, that might be true, but they spend it on essentials - food, shelter, the bare minimum.

What they DON'T do is go out and engage in the kind of spending, beyond essentials, that is required to spur job growth, to create demand in business/services that would result in hiring.

We have proof of that right here, right now. UE benefits, under the dems, have been extended to 96+ weeks. I don't see the kind of consumer spending that correlates with the extension of benefits....do any of you?

Carney: Unemployment Benefits Could Create Up To 1 Million Jobs | RealClearPolitics

They really don't have a clue how the capitalistic, market-driven economy functions, do they?
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Old 08-10-2011, 01:31 PM
C.C
 
2,235 posts, read 2,362,653 times
Reputation: 461
http://thehill.com/blogs/blog-briefi...yment-benefits

Looks like he's got some more 'splainin' to do...

Last edited by C.C; 08-10-2011 at 01:33 PM.. Reason: fix link
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Old 08-10-2011, 01:31 PM
 
15,912 posts, read 20,194,123 times
Reputation: 7693
He's getting real desperate isn't he?

Either that or he thinks the American people are so stupid they'll believe anything he says....
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Old 08-10-2011, 01:33 PM
 
29,981 posts, read 42,926,416 times
Reputation: 12828
Quote:
Originally Posted by C.C View Post
Sen. McCaskill voices opposition to extending unemployment benefits

Looks like he's got some more 'splainin' to do...
Obama's trying on the Pelosi lie about UE benefits being a "stimulus" for size.

McCaskill is desperate to retain her seat and has begun pandering for votes. What she appears to "oppose" in the guise of fiscal responsibility she usually ends up voting for in lock step with whatever Obama wants. Air Clair is Chuckie Schumer's lap dog.
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Old 08-10-2011, 01:33 PM
 
6,137 posts, read 4,860,561 times
Reputation: 1517
Quote:
Originally Posted by sanrene View Post
They really don't have a clue how the capitalistic, market-driven economy functions, do they?
This is news?
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Old 08-10-2011, 01:35 PM
 
Location: Staten Island, NY
6,476 posts, read 7,322,267 times
Reputation: 7026
This is ri-damn-diculous. This is Keynesianism at it's very core. It doesn't work.
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Old 08-10-2011, 01:35 PM
 
Location: Great State of Texas
86,052 posts, read 84,472,986 times
Reputation: 27720
Isn't he taking that from Pelosi. Didn't she say that first..that unemployment creates jobs ?
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Old 08-10-2011, 01:36 PM
 
6,137 posts, read 4,860,561 times
Reputation: 1517
Quote:
Originally Posted by HappyTexan View Post
Isn't he taking that from Pelosi. Didn't she say that first..that unemployment creates jobs ?
Yeah and every dollar spent on food stamps puts $1.60 back into the economy.
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Old 08-10-2011, 01:36 PM
 
Location: Chicagoland
41,325 posts, read 44,940,832 times
Reputation: 7118
Quote:
Originally Posted by SamBarrow View Post
This is news?
No, but I'm always amazed at the level of cluelessness from this bunch of academia amateurs.
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Old 08-10-2011, 01:37 PM
C.C
 
2,235 posts, read 2,362,653 times
Reputation: 461
How does he reconcile this "idea" with deficit reduction?
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